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U.S. Steel agrees to sell land to Minnesota for Lake Vermilion state park

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Gov. Tim Pawlenty's dream of turning undeveloped Lake Vermilion shoreline into a state park has taken a giant step forward.

Several years of negotiations between U.S. Steel, which owns the property, and the state had faltered. The corporation was moving forward to develop 1,400-acre parcel into upscale housing. The parcel includes five miles of Vermilion shoreline.

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